Richard Rosenberg

Richard Rosenberg is a former senior advisor on policy issues and research at CGAP and has written or contributed to numerous CGAP publications. His areas of focus include interest rate issues, over-indebtedness, and regulation of microfinance.

His experience with microfinance spans 20 years and two dozen countries. Before joining CGAP, Rosenberg was deputy director of the U.S. Agency for International Development’s Center for Economic Growth and spent nine years in Latin America, managing investment promotion, privatization, pension reform, and development finance activities. He has taught in the Boulder Institute of Microfinance program since its inception. He holds a law degree from Harvard University.

By Richard Rosenberg

Blog

What Does Microborrower Behavior Tell Us About Impact?

Given how much we still don’t know about what kind of impact all this investment is producing, further research makes pretty good sense.
Blog

What's the Impact of Loan Size in Microfinance?

People tend to see loan size as a rough proxy of client poverty, which appears to be more or less true as long as you say the word “rough” very emphatically.
Blog

Letter to the Editor

A CGAP paper clearly acknowledges that randomized studies by Prof. Duflo and others have raised fundamental questions about the claim that microcredit raises incomes and consumption, lifting poor people out of poverty.
Blog

Should There Be Another CGAP, This Time for SME?

The list of reasons to support SME starts with the well-documented role of such enterprises in job creation, and goes on from there.
Blog

Perplexed about Overindebtedness, Part 2

“Indebtedness” refers to loan obligations—that’s easy enough. And the “over” part means too much. But too much from whose perspective?